Im Cannabis Financials

IMCC Stock  USD 3.99  0.30  8.13%   
Based on the key indicators related to Im Cannabis' liquidity, profitability, solvency, and operating efficiencyBased on the analysis of, Im Cannabis Corp is not in a good financial situation at this time. It has a very high odds of going through financial crisis in January. At present, Im Cannabis' Other Current Liabilities is projected to increase significantly based on the last few years of reporting. The current year's Total Current Liabilities is expected to grow to about 34.4 M, whereas Total Assets are forecasted to decline to about 28 M. Key indicators impacting Im Cannabis' financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.910.8648
Sufficiently Up
Slightly volatile
Current Ratio0.70.7396
Notably Down
Very volatile
The financial analysis of Im Cannabis is a critical element in measuring its lifeblood. Investors should not minimize Im Cannabis' ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Net Income

(9.02 Million)

  
Understanding current and past Im Cannabis Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Im Cannabis' financial statements are interrelated, with each one affecting the others. For example, an increase in Im Cannabis' assets may result in an increase in income on the income statement.
Please note, the presentation of Im Cannabis' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Im Cannabis' management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Im Cannabis' management manipulating its earnings.

Im Cannabis Stock Summary

Im Cannabis competes with Connect Biopharma, Acumen Pharmaceuticals, Nuvation Bio, Eledon Pharmaceuticals, and Eliem Therapeutics. IM Cannabis Corp. engages in breeding, growing, and supply of medical cannabis products in Israel, Germany, and Canada. The company serves medical patients and adult-use recreational consumers. IM Cannabis is traded on NASDAQ Exchange in the United States.
Specialization
Health Care, Pharmaceuticals, Biotechnology & Life Sciences
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINCA44969Q2080
CUSIP44969Q208 44969Q307 44969Q406
LocationOntario; Canada
Business AddressKibbutz Glil Yam,
SectorBiotechnology
IndustryHealth Care
BenchmarkDow Jones Industrial
Websiteimcannabis.com
Phone972 5 44331111
CurrencyUSD - US Dollar

Im Cannabis Key Financial Ratios

Im Cannabis Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets30.9M38.1M287.4M60.7M48.8M28.0M
Other Current Liab1.5M3.5M26.2M8.4M11.0M11.6M
Net Debt(12.9M)(7.9M)15.4M9.1M12.0M12.6M
Retained Earnings(4.3M)(33.0M)(50.7M)(238.9M)(249.1M)(236.7M)
Accounts Payable992K2.6M14.0M15.3M9.2M9.7M
Cash13.9M8.9M13.9M2.4M1.8M2.6M
Net Receivables2.1M5.7M29.1M8.7M11.3M11.9M
Inventory5.5M8.4M31.1M16.6M10.0M7.8M
Other Current Assets52K785K21.2M5.0M1.1M1.8M
Total Liab4.8M25.5M82.4M36.9M35.1M36.9M
Total Current Assets24.3M27.1M84.3M32.7M24.3M25.5M
Net Invested Capital24.7M11.1M211.1M32.3M27.0M45.2M
Net Working Capital21.7M20.9M33.1M(1.1M)(8.5M)(8.1M)
Other Liab1.3M18.4M13.0M1.6M1.8M1.7M
Net Tangible Assets23.3M9.5M48.3M4.6M5.3M5.0M
Common Stock45K37.0M237.7M245.8M253.9M130.0M
Other Assets89K769K30K763K877.5K921.3K
Capital Stock45K37.0M237.7M245.8M253.9M146.9M
Intangible Assets889K1.1M30.9M7.9M5.8M8.5M

Im Cannabis Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense707K20.5M1.6M2.0M3.7M3.9M
Total Revenue9.1M15.9M54.3M54.3M48.8M51.2M
Gross Profit3.9M10.5M10.3M9.2M9.8M10.3M
Operating Income(6.6M)(8.2M)(38.4M)(26.4M)(12.8M)(12.2M)
Ebit(6.6M)(8.0M)(16.4M)(24.1M)(5.8M)(5.5M)
Ebitda(2.4M)(7.0M)(10.6M)(16.8M)(2.8M)(2.7M)
Income Before Tax(7.3M)(28.5M)(18.0M)(26.1M)(9.5M)(9.0M)
Net Income(7.4M)(28.7M)(18.5M)(24.9M)(9.5M)(9.0M)
Income Tax Expense90K262K505K(1.1M)771K809.6K
Net Interest Income2.9M(20.2M)20.4M4.7M3.8M4.0M
Minority Interest1.4M1.5M755K2.4M2.0M1.6M
Cost Of Revenue5.1M5.4M44.0M45.2M39.0M25.6M

Im Cannabis Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash6.3M(5.0M)5.0M(11.5M)(636K)(604.2K)
Free Cash Flow(7.5M)(10.6M)(39.0M)(14.2M)(8.7M)(8.2M)
Depreciation601K930K5.7M7.3M3.0M3.1M
Other Non Cash Items919K18.0M(18.5M)136.1M(2.9M)(2.7M)
Capital Expenditures1.5M2.7M4.6M1.6M581K992.0K
Net Income(7.4M)(28.7M)(18.5M)(191.3M)(10.2M)(10.7M)
End Period Cash Flow13.9M8.9M13.9M2.4M1.8M2.6M
Change To Inventory122K(958K)(13.3M)1.4M4.8M5.0M
Change To Netincome3.0M21.3M(11.5M)134.4M154.6M162.3M

IMCC Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Im Cannabis's current stock value. Our valuation model uses many indicators to compare Im Cannabis value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Im Cannabis competition to find correlations between indicators driving Im Cannabis's intrinsic value. More Info.
Im Cannabis Corp is rated below average in return on equity category among its peers. It is rated third overall in return on asset category among its peers . At present, Im Cannabis' Return On Equity is projected to slightly decrease based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Im Cannabis' earnings, one of the primary drivers of an investment's value.

Im Cannabis Corp Systematic Risk

Im Cannabis' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Im Cannabis volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Im Cannabis Corp correlated with the market. If Beta is less than 0 Im Cannabis generally moves in the opposite direction as compared to the market. If Im Cannabis Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Im Cannabis Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Im Cannabis is generally in the same direction as the market. If Beta > 1 Im Cannabis moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Im Cannabis Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Im Cannabis' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Im Cannabis growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.0497

At present, Im Cannabis' Price Earnings To Growth Ratio is projected to slightly decrease based on the last few years of reporting.

Im Cannabis December 2, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Im Cannabis help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Im Cannabis Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Im Cannabis Corp based on widely used predictive technical indicators. In general, we focus on analyzing IMCC Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Im Cannabis's daily price indicators and compare them against related drivers.

Complementary Tools for IMCC Stock analysis

When running Im Cannabis' price analysis, check to measure Im Cannabis' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Im Cannabis is operating at the current time. Most of Im Cannabis' value examination focuses on studying past and present price action to predict the probability of Im Cannabis' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Im Cannabis' price. Additionally, you may evaluate how the addition of Im Cannabis to your portfolios can decrease your overall portfolio volatility.
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